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The Management of the Federal University of Technology, Akure, FUTA has recalled the suspended 23 staff including Union leaders. According to Modupe Ajayi, secretary to Council and Registrar of the Institution, the recall was a unanimous decision of the Governing Council to lift the suspension of the staff who had been placed on indefinite suspension. In…

The Gambia’s long-serving President Yahya Jammeh has had the title of Babili Mansa added to his name. The Mandika-language phrase can be translated as “chief bridge builder” or “conqueror of rivers.” A statement from the presidency said Jammeh should now be known as “His Excellency Sheikh Professor Alhaji Dr Yahya AJJ Jammeh Babili Mansa.” He…

The leadership crisis in the House of Representatives appears to have been solved, as Femi Gbajabiamila, the three-term member, representing Surulere Federal Constituency of Lagos, emerged the Majority Leader of the 8th House. Yakubu Dogara, the speaker of the house, announced his appointment as they resumed sitting earlier today, Tuesday, July 28. Other positions announced by the…

Top government agencies including the Central Bank of Nigeria, CBN, Petroleum Technology Development Fund, PTDF, National Agency for Food and Drug Administration and Control, NAFDAC, are to refund about N450 billion to the Federal Government. Others are the Nigerian Television Authority, NTA, and the Securities and Exchange Commission, SEC, among others. To this end the …

The Senate this morning votes against the controversial sale of national assets when it rejected an item on the report of a committee on the issue. A post on the Senate Twitter handle quotes Ali Ndume, the Senate leader of saying “The Senate oppose the sale of National Assets to shore up Foreign Reserves.” Since…

The 20 months’ talks of twists and turns between Iran and world powers—the United States, United Kingdom, Russia, China and Germany—has ended with a deal by the negotiators. The new agreement would help to stop or slow down Iran’s sensitive nuclear activities to ensure that it cannot build a nuclear weapon. It would also give…

The federal government faces an uphill task to pull the economy out of recession as the third quarter gross domestic product growth rate gives a faint hope of quick recovery When the National Bureau of Statistics, NBS, announced its report of the gross domestic product, GDP, growth rate for the second quarter of 2016, which…

As part of the renewed efforts to further drive the financial inclusion mandates of the Central Bank of Nigeria, CBN, Fidelity Bank Plc has gone live on the Nigerian Inter-Bank Settlement System, NIBSS mCash product which will allow it’s registered merchants to receive payments from customers using their phones. Launched in collaboration with the NIBSS,…

The Federal Government has given details of its plans to take a $29.960 billion foreign loans designed to address infrastructure deficit in the country. Festus Akanbi, Special Assistant on Media to the Minister of Finance, Kemi Adeosun, said in a statement issued in Abuja that the borrowing is a three-year-plan covering proposed projects for 2016…

There seems to be no respite yet for Nigerian manufacturers, especially brewers of herbal drinks whose trade has come under attack by imitators. That is why, when recently, Paul Orhii, director-general, National Agency for Food and Drugs Administration and Control, NAFDAC, alerted the nation that the agency would soon clamp down on unregistered herbal drinks,…

Fierce fighting has continued between government troops and pro-Russian rebels in east Ukraine, despite renewed diplomatic efforts to enforce a truce. Ukraine officials said six government soldiers were killed in the past 24 hours and army positions were fired on 26 times near the rebel stronghold of Donetsk. The rebels said one of their fighters…

‘Men Get Intimidated When They See Me’ -Adeola Laketu Jaiyeola Adeola Laketu Jaiyeola, is a young Nigerian entrepreneur and CEO of Biike’s Castle, a foot wear making outfit. Supplying clients with handmade male and female foot wears has brought fame and fortune to her. She is delighted that she is patronised by “the rich,…

‘Men Get Intimidated When They See Me’ -Adeola Laketu Jaiyeola Adeola Laketu Jaiyeola, is a young Nigerian entrepreneur and CEO of Biike’s Castle, a foot wear making outfit. Supplying clients with handmade male and female foot wears has brought fame and fortune to her. She is delighted that she is patronised by “the rich,…

Could buying shoes worth of $295,000 for your fiancée be a declaration of love? Well it might be as Lady Gaga, an American singer, is the lucky new owner of all three pairs of Alexander McQueen Armadillo boots that were up for auction at Christie’s New York. On Friday, July 24, Footwear News, FN, reported…

WriteHouse Publishing House in collaboration with Patabah Books Limited, a Lagos bookstore is set to host top Nigerian authors, Olubunmi Familoni and Dami Ajayi, on Sunday, March 22, 2015. The event, which will take place at the Adeniran Ogunsanya Shopping Mall, Surulere Lagos by 3pm, will be an interactive discussion that is centred on the…

Joao Havelange, former FIFA president has died in his hometown of Rio de Janeiro, Brazil at the age of 100. The centenarian served as FIFA president from 1974-1998. According to a statement from the Samaritano Hospital, Havelange, who was suffering from a respiratory infection, died early Tuesday morning. In 2009, Havelange backed Rio’s Olympic bid…

For a continent much maligned for its tardiness in responding to emergency situations, African leaders, it seems, are working to do away with that reputation. And the motivation for this might be no other than Ebola, the deadly disease that recently claimed thousands of lives on the continent, from Liberia to Sierra Leone, Guinea, and…

The management of MTN, Nigeria’s largest mobile telephone company may have reviewed its decision to contest the penalty imposed on it by the National Communication Commission, NCC, the regulator in the industry. Wole Olanipekun, senior advocate of Nigeria, SAN leading 10 other SANs for the telephone company told the Federal High Court, Ikoyi, Lagos this…